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Xinyang Maojian resumed trading today, and the annual loss attributable to shareholders expanded by 26.9% year-on-year

author:Finance

On November 1, Capital State learned that Hong Kong stock company Xinyang Maojian (00362.HK) resumed trading at 9:00 a.m. today. As of press time, the share price was quoted at HK$0.172, down 14.85%, with a total market capitalization of HK$305 million.

Yesterday, Xinyang Maojian announced its final results for the year ended 30 June 2021, during which the company's revenue was HK$229 million, an increase of 17.85% year-on-year; Gross profit was HK$49.894 million, up 407.10% year-on-year; Annual loss attributable to the owners of the Company was HK$450 million, representing a loss increase of 26.90% year-on-year; Basic loss per share was HK31.29 cents.

The Company stated that the increase in the Group's revenue during the period was mainly due to the increase in revenue from the Heat and Power Division.

In addition, the Company expects to send its 2021 Annual Report to the Company's shareholders no later than November 30, 2021, with a separate announcement in due course.

This article originated from Capital State

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